Phoenix Optical Group Nest case investigation: A number of former senior executives involved

Source: Internet
Author: User
Keywords Executive multiple
A storm of corruption in Jiangxi Phoenix Optical Group Co., Ltd. (hereinafter referred to as "Phoenix Optical Group") scraping.  It is understood that the original chairman of the Phoenix Optical Group Nintey, general manager Wang Xiyan, deputy general manager Liu Linchun, Wugaubu and other former business leaders for corruption, privately-owned assets, kangaroo "Treasury" by the Jiangxi Provincial Discipline Commission investigation. It is reported that Wugaubu and other four people have been transferred to the judicial organs to deal with.  In late June, Wanghong, director of the Propaganda and training Department of the Jiangxi Provincial Sasac, told reporters that the case was still in the process of investigation, the investigators temporarily inconvenient to receive media interviews. Several former executives were checked this February 5, the Jiangxi Sasac to the Phoenix Optical Group Leadership Adjustment, party secretary, general manager, Phoenix Optical Co., Ltd. (600071.  SH, hereinafter referred to as "Phoenix Optical Shares") director, chairman of Wang Xiyan was dismissed, together with the removal of Phoenix Optical shares general manager Tang Wenming.  Behind the series of personnel adjustment, Phoenix Optics Group senior Management Corruption Nest case also gradually surfaced. According to the reporter of "First financial daily", as early as in March 2009, Jiangxi Provincial Sasac announced the reason for "overage work for retirement" to remove the former chairman of the Phoenix Optical group Nintey, but did not release the successor.  Nearly a year later, only announced by Jiangxi Tungsten Industry Group Deputy Secretary and deputy general manager Lo Xiao as Phoenix Optics Group party secretary, Chairman, general manager. Before the incident, Wang Xiyan, general manager of the Group's party secretary, made a 2010 New Year speech. He looked ahead to 2010, "The road will be more tortuous next year ... The enterprise faces the reform and so on the question to us to put forward the more brutal test.  "The plan is not up to change, the ordeal has not come, and he is behind bars." June 22, the Phoenix Optical Group, the Chairman of the Discipline Inspection Group Secretary Xing to our correspondent said: "This January 11 formally entered the investigation process, the current case of Wugaubu and other people are in control, but the investigation is not over, now is not good to say what." "It is understood that the case by the Jiangxi Provincial Commission for Inspection and investigation, Jiangxi Sasac Guillever assistance."  After one months of inventory, Jiangxi province Sasac director Li Tianho in the Phoenix Optical group Middle-level cadres of the Conference announced the appointment and dismissal.  This reporter comb public data found that Nintey, Wang Xiyan, Liu Linchun, Wugaubu and other people are not only the Phoenix Optical Group of senior management, but also the company's listed Phoenix optical shares of directors and other functions. Taking the position of the last five years as an example, Wang Xiyan served as chairman of Phoenix Optics, general manager and party secretary of Phoenix Optics Group, and Nintey as chairman of Phoenix Optics Group and director of Phoenix Optics. Liu Linchun, chairman and general manager of Phoenix Optics Holdings Ltd., executive vice general manager of Phoenix Optics Group, director of Phoenix Optics  Wugaubu has served as chief accountant of Phoenix Optics Group, general accountant of Phoenix Optics Holdings Limited, vice president of Phoenix Optics Group, and chairman of Phoenix Optics stock board. Inspection of the Phoenix optical shares notice found that Nintey is "retired" quit, Wang Xiyan is "Personal reasons "dismissal, Wugaubu is due to the" Board of Supervisors transition "turnover.  Phoenix Optical shares of the board of Directors of the Office of the reporter explained that the above executives involved and listed companies have no connection.  Privately-owned assets? May 27, Jiangxi Province held a symposium on the investigation and prosecution of state-owned enterprises.  According to people familiar with the matter, the Jiangxi Sasac introduced the Phoenix Optical Group in the restructuring, property transactions, foreign investment, capital operations hidden, privately divided, transfer and sale of state-owned assets of the law and discipline cases.  Subsequently, the reporter in Jiangxi Province sasac website query to the day of the Meeting newsletter, Jiangxi Sasac Discipline Inspection Secretary Yang Huaying briefly reviewed the provincial investment supervision and prosecution cases, but the bulletin did not disclose the specific circumstances of the case. A brief circular by Jiangxi Provincial Sasac showed that provincial Sasac is cooperating with the Provincial Inspection Commission, seriously investigating the original chairman of the Phoenix Optical Group Nintey, general manager Wang Xiyan, deputy general manager Liu Linchun, Wugaubu and other former corporate leaders corruption bribery, privately-owned assets, kangaroo "Treasury", violating the "triple one" system,  Blind foreign investment and in the "retreat into the park" project in collusion with developers illegal transfer of land and other violations of law and discipline cases.  At the end of June, this reporter two times to Jiangxi Province Sasac contacted the interview, but the committee related people refused to disclose the specific case and the amount involved. A senior partner of a Shanghai law firm told reporters that in the unit Kangaroo "coffers" to see where the use of funds, if the money into the personal pockets, or personal use and then returned, all constitute corruption crime.  If the money is not used by individuals, it cannot be classified as a crime of corruption.  Illegal transfer of land?  Nintey, Wang Xiyan involved in a matter, is in Phoenix Optical group "retreat into the garden" project, suspected collusion with developers, illegal transfer of land. Phoenix Optical shares announced that the "Phoenix Optical New Town" construction site is located in the Shangrao Industrial park, the Rising Sun, is the government planning industrial zone.  320 National Road (Shanghai-Kunming) across the park, about 6 kilometers away from Shangrao city center, 8 kilometers from Shangrao New railway station. June 22 afternoon, after heavy rain, our correspondent took a taxi to Shangrao Industrial Park, on the Phoenix Road turned two back and forth, did not find "Phoenix optical New Town." Reporters at the scene noted that there is no construction site on the signs, there is no "phoenix" any logo, four of unfinished plant compared to other surrounding factories, it seems very cold.  Shangrao Economic Development Zone staff guidelines said that the right side of the office building that piece of space is "Phoenix optical New Town."  As early as May 31, 2007, Phoenix Optics shares the fourth session of the Board of Directors of the eighth meeting to consider the adoption of the "Back to the city into the park" investment project proposal. According to the State policy provisions and the Shangrao government on the urban planning layout requirements, the company intends to Shangrao Industrial Park, Phoenix Road West section of the northern new "Phoenix Optical City", the construction of all completed, the company Shangrao headquarters will relocate to the production officePublic。 According to the budget, the total investment of the project is 49.5083 million yuan, all by the enterprise self-financing.  The project plan construction period is 12 months, from August 2007 to July 2008.  Phoenix Optics Group has placed great expectations on the project of "retreat into the garden", hoping to revitalize the enterprise stock assets, optimize the economic structure, rationally plan the industrial layout, promote the enterprise reform, and create favorable conditions for the future development. "The old factory is located in the city center, the local transformation cost is very high, in response to the government's" retreat into the park, "the call, we consider building a new plant.  Xing told the newspaper reporter. Phoenix Optical shares previously decided to 3471.43 Yuan/mu/year price, leasing group of 147 acres of land, the lease period of three years, that is, August 1, 2007 to July 31, 2010.  Prior to this, Phoenix optical shares to 7047.62 yuan/mu/year price, leasing group of old plant land 105 acres (including plant cover and roads, greening and other public land). According to prior planning, Phoenix Optics Group moved to the "Phoenix Optical New Town", the old plant land will be sold to the public auction.  But it now appears that the relocation plan is far from being. "The new old factory is a linkage, old factory sale, new area construction, are bundled together." Xing said that the company's team problem delayed the duration, probably next year can be completed, "it is because of this problem, if built, there will be no current problems." In fact, the old plant of the Phoenix Optics Group, which is identified as the No. 2006-15 plot, was auctioned off as early as November 2006. This reporter looked over the year's auction notice found that the final transaction price of 230 million yuan.  But strangely, for the bidder "Fujian Real estate Company", there is no introduction. June 22, Shangrao Land and Resources Market Management Director Chen Wenxing accept this reporter interview, repeatedly stressed that there is no string label. "We bid from the auction 174.03 million yuan to 230 million yuan, value-added nearly 60 million yuan." The land department did not operate illegally, nor was it a string between bidders, and we were not aware of the private transactions between Phoenix Optics group and real estate bosses. ”
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